IDBI Bank (Industrial Development Bank of India) has come up with a recruitment notification of 760 executives for the year 2018-19. Established 40 years ago, with govt. of India as majority shareholder, IDBI Bank now functions as a full service commercial bank headquartered in Mumbai & has network of 1000+ branches across India.

IDBI bank is part of the IBPS common recruitment process & allots candidates for clerks & PO posts based on their exam performance.But the bank did not declare any vacancies for the past few years for qualifiers of the IBPS PO/ Clerk exam .

Now, IDBI Bank is looking to hire candidates on contract for its branches & offices across India for which applicants to have qualified in the IBPS common written test.

Posts & Vacancies:

Executive – 760 posts

This is a contract job of 1 year, which will be extended for 2 more years with monthly salary of Rs.17000 (1yr), 18500 (2nd yr) & 20,000 (3rd yr).

On completion of 3 yrs, executives can apply for Asst.Manager post in IDBI bank.

Dates to Note:

Last date to submit online applications – February 28, 2018

Written test on April 28, 2018

Who are Eligible?

As said earlier,IBPS exam scores are not needed.The other eligibility conditions for this IDBI bank recruitment are,

- Age: 20 – 25 years as on Jan 1, 2018 (+3 yrs for OBC, +5 for sc/st)

- Pass in degree from a recognized university, as on Jan 1, 2018

- Must have good working knowledge in computers.

Those studying in final year/ semester are also eligible to apply but they need to provide proof of passing the graduation on or before February 28, 2018.

Selection Process:

The selection process of IDBI bank Executive recruitment 2018 involves an online written test only(objective type) in the following pattern:

While each correct answer fetches you 1 mark, every wrong answer results in 0.25 negative mark.

Books: If you are looking to appear for this exam, worry not as there are guides available to help you in preparations.